5.5% Cap Rate | The Ballard Commons 5 was built in 1979 and features wood-frame construction with a durable exterior consisting of stucco siding and a torch-down roof. All units feature 2 bedrooms, 2 bathrooms, and 925 square feet of living space. Amenities include a shared coin-operated laundry room, 4 covered carport parking stalls, and private balconies and wood-burning fireplaces for all units. Apartments are heated by either electric baseboard or forced-air wall heaters, and the plumbing has been upgraded to copper. Ownership has made ongoing interior improvements, with select units featuring luxury vinyl plank flooring or new carpeting, updated cabinetry, modern kitchen appliances, and updated bathroom fixtures.
Listing Provided Courtesy of Gabe Blake, Blake Investment Advisors
General Information
NWM2397581
Multi Family
105
DOM
5000.69 SqFt
0
1979
King
Residential Incom
Multi Family
Listing Provided Courtesy of Gabe Blake, Blake Investment Advisors
Krishna Realty data last checked: Oct 16, 2025 04:26 | Listing last modified Oct 08, 2025 19:29,
Source:
5.5% Cap Rate | The Ballard Commons 5 was built in 1979 and features wood-frame construction with a durable exterior consisting of stucco siding and a torch-down roof. All units feature 2 bedrooms, 2 bathrooms, and 925 square feet of living space. Amenities include a shared coin-operated laundry room, 4 covered carport parking stalls, and private balconies and wood-burning fireplaces for all units. Apartments are heated by either electric baseboard or forced-air wall heaters, and the plumbing has been upgraded to copper. Ownership has made ongoing interior improvements, with select units featuring luxury vinyl plank flooring or new carpeting, updated cabinetry, modern kitchen appliances, and updated bathroom fixtures.
